Shareholder activism

Rio Tinto's AGM highlighted the power of shareholder activism

Investment

Rio Tinto's AGM highlighted the power of shareholder activism

An activist investor reflects on a 'moving' and 'humbling' annual general meeting dominated by ESG-related enquiries

clock 09 May 2024 • 3 min read
'We have serious concerns': Pension schemes join BP shareholder climate revolt

Investment

'We have serious concerns': Pension schemes join BP shareholder climate revolt

Five schemes announce plans to vote against re-election of BP chair at upcoming AGM after oil giant weakened its emissions goals in February

clock 20 April 2023 • 4 min read
'Less supportable': BlackRock pairs back support for US shareholder climate proposals

Investment

'Less supportable': BlackRock pairs back support for US shareholder climate proposals

World’s largest asset manager says climate-related and social shareholder proposals are becoming too prescriptive at US firms

clock 27 July 2022 • 4 min read
Shell raises 2030 emissions target amid investor pressure to break-up its business

Energy

Shell raises 2030 emissions target amid investor pressure to break-up its business

Activist investor claims splitting Shell's renewables business away from fossil fuels divisions could deliver faster emissions cuts, but Shell argues break up would harm energy transition

clock 28 October 2021 • 4 min read

Investment

HSBC pledges to cut off coal financing by 2040 following investor pressure

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders

clock 11 March 2021 • 4 min read

Investment

As BlackRock calls for full CO2 footprint disclosure, is investor pressure starting to take its toll on polluters?

World's biggest asset manager urges firms to set rigorous decarbonisation goals or risk being voted against at board meetings as it sets out shareholder expectations for 2021

clock 17 February 2021 • 5 min read

Supply chain

Glencore to hold shareholder vote on 2050 net zero plan

Mining giant argues it is 'uniquely positioned for the needs of the future' as it promises AGM climate strategy vote in April

clock 16 February 2021 • 3 min read

Investment

Reports: Airport group Aena agrees to annual shareholder vote on climate

Firm managing 69 airports including London Luton unleashes climate plan as it bows to pressure from UK hedge fund manager Sir Christopher Hohn

clock 23 October 2020 • 2 min read

Management

JP Morgan Chase climate shareholder resolution narrowly defeated

Resolution's narrow defeat – at 49.6 per cent – sends a clear sign to bank that investors are increasingly displeased with its approach to fossil fuel investment.

clock 20 May 2020 • 2 min read

Investment

'Glacial pace': ShareAction slams European banks over sluggish action on climate crisis

Scorecard published by responsible investment group shows that banking sector is falling well short of best practices for climate risk management and disclosure

clock 26 April 2020 • 3 min read